Completing the Depreciation Worksheet
This worksheet comprises a series of tab cards and fields for entering the details of the asset being depreciated. Once the asset has been entered, Tax will manage it from year to year, calculating depreciation for each year and updating the Closing adjustable income from one year to be the Opening adjustable value in the succeeding year.
Tab name | Refer to |
---|---|
Details (main data entry screen) | Asset Details |
Disposal | Disposals |
Integration | Asset Integration |
Prime Cost Changing Effective Life | PC Effective Life Adjustment |